DB’s financial system will be connected to Yonyou’s ERP platform and TMS, which serves a group of state-backed enterprises in China. The first roll-out is expected in Q1, according to a DB spokesperson.
The pre-series B funding co-led by Global Ventures and existing investor Reefknot Investments will initially help expansion into the UAE and Saudi Arabia.
The treasury digital push, fraud and instant cross-border settlements, dominated discussions at the conference. CT asked several global banks in the region how they are adapting, which includes bringing some ...
Generative artificial intelligence could be used for cash flow forecasting, cash positioning and market risk management, treasurers suggested in a survey.
Research from Worldpay revealed that digital wallet payments are set to overtake credit cards by 2027 in the city, taking up nearly half of all transactions. While Ant is expanding Alipay+ globally.
During a CTWeek panel discussion around treasury technologies, senior panellists shared their latest views on tech and AI adoption in their daily operations.
With Bank of China as the first institution signed up, the pilot programme aims to facilitate the onboarding process for corporates trading with Chinese firms.
